merjemascerija

Potential breakouts above could lead to a bull market

Long
OANDA:EURNZD   Euro / New Zealand Dollar
EUR / NZD may be a potential pair you want to keep an eye on in the coming days. If you look at the NZD/USD chart compared to the EUR/USD chart, you can see that the EUR looks stronger than the NZD. Also, if we look at the technical aspect, there is a potential reverse head and shoulder pattern on the EUR NZD chart and if we see a daily close above neckline and a close above 1.6800 (which is also a psychological level) we can see bulls taking over the market.
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